Mærsk Line shoots to the bottom of earnings/teu league
Carriers’ unit earnings tell the story
© Vladimir Serebryanskiy
On June 25 2017, Hyundai Merchant Marine announced that its Asia-US west coast (USWC) volume in June 2017 increased 77% year-on-year.
According to PIERS Data, HMM’s Asia-USWC handling cargo rose year-on-year from 7,953 TEU/WK to 14,055 TEU/WK (77%↑) at the end of June 2017.
Moreover, HMM ranked 4th in terms of market share, up from 12th the previous year.
HMM’s Asia-all US route cargo handling also rose year-on-year from 11,626 TEU/WK to 17,291 TEU/WK (49%↑) in June 2017.
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